Answer:
a. $352,200
b. $372,100
Explanation:
The cost of goods manufactured
<em>Consider only the manufacturing costs</em>
Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200
=$352,200
Cost of goods sold
<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>
Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900
= $372,100
Considering the scenerio about Judy and Amy are having lunch together and decide to split the bill equally. In this case, Amy is less price sensitive when sharing the cost.
What is price sensitivity?
Price sensitivity can be regarded as the degree to which demand changes as result if the changes in cost of a product or service changes.
It should be noted that Price sensitivity helps in measuring price elasticity of demand.
- And this rule implies that some consumers will refuse to pay more incase there there us availability of lower-priced option.
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Answer:
<em>Adjustments help to ensure that </em><em><u>asset </u></em><em> balances are reported at amounts representing the economic benefits used during the period.</em>
By producing motorcycles that do more than get riders to their destinations and back, Harley-Davidson is addressing consumers'<u> Functional and psychological</u> needs.
Harley Davidson was acquired through eastern-owned Kawasaki Motor Corporation LTD. Milwaukee, April 1, 2014 — Harley-Davidson, Inc. (HOG) has introduced a settlement to be obtained with the aid of Japanese-owned Kawasaki Motor organization LTD nowadays, Tuesday, April 1, 2014, for an undisclosed sum.
The stock Is Falling. Harley-Davidson inventory turned falling after the motorcycle maker stated its first-zone running income declined due to semiconductor shortages and other deliver-chain problems.
All Harley Davidson bikes for our marketplace are assembled within the US. Harley Davidson contracts elements to be products of diverse factories around the sector in places together as Germany, Taiwan, Japan, Mexico, and Italy.
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Answer:
$10,000
Explanation:
Given that
Cost of equipment = 110,000
Salvage value = 10,000
Useful life = 5 years
Using straight line method
Depreciation = cost of equipment - salvage value ÷ useful years
= 110000 - 10000 ÷ 5
= 100000 ÷ 5
= $20000
Thus
By December 31
Entry of depreciation = 6/12 × 20000
= $10,000
